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The U.S. Supreme Court announced Tuesday that next term it will hear McCutcheon v. Federal Election Commission, a challenge to limits on the amount of money that a single person may contribute to all federal candidates and parties over a two-year election cycle, known as aggregate contribution

Already, the biggest banks in the U.S. are huge. The largest 0.2 percent of institutions — just 12 mega-banks — control 69 percent of total bank assets. The 20 biggest banks hold assets equal to 84.5 percent of the nation’s entire economic output.

“ It's just dumb to approach retirement with a bunch of credit-card debt.”

Any political movement that is going to succeed in America needs to be able to credibly promise that it can raise living standards for ordinary Americans. For the past forty years, this imperative didn't dog the right as much as it might have because non-material "wedge issues" proved so potent. As

Tax reform may be moving to the front burner of Congress this year, if two powerful committee chairs get their way, according to Politico. Should this happen, get ready for a fierce battle over the charitable tax deduction, a large and obvious target for reformers looking for revenue. The

China's environmental tax policy is moving in an interesting direction. It was announced yesterday that a new set of tax polices focused on preservation, rather than use, will be introduced, including a tax on carbon dioxide emissions. While the specifics have not been released, the government

If tax reform goes forward this year, as some leaders in Congress hope, one thing is certain: It won't be an elegant exercise in representative democracy. Think more interest group feeding frenzy.

Harsh, an IT professional from Tuscola, Illinois, is 62, around the age at which a lot of people start actively planning to retire to a white-sandy beach with a frozen margarita in hand. Harsh's debt snuck up on her as she helped her two daughters with college and living costs. She went back to

If you consider yourself part of the middle class, you could be forgiven for not standing at the ready after President Obama called for you to be reignited.

During the first half of the Twentieth Century, as America became an industrial power, the most important battles for labor rights unfolded at steel plants, coal mines, oil refineries, and at manufacturing plants around the country, particularly in the auto industry.